PPP Loan information for Acrt enterprises llc

$325,644

Acrt enterprises llc was initially approved for PPP Loan of amount $325,644, the current approved amount is $325,644. The loan was approved on 04/05/2020 by The Farmers & Merchants Bank reported 31 jobs and $325,644 was used to fund payroll.

Acrt enterprises llc is Existing or more than 2 years old

ACRT ENTERPRISES LLC

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ACRT ENTERPRISES LLC

Borrower Address

10049 WEDDINGTON ROAD EXT

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027-4420

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325644.00

Current Approval Amount

325644.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-4420

CD

NC-12

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

325644.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327706.41

Forgiveness Date

12/04/2020

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